CII M05 dumps - in .pdf

M05 pdf
  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Oct 06, 2026
  • Q & A: 121 Questions and Answers
  • PDF Price: $59.99
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  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Oct 06, 2026
  • Q & A: 121 Questions and Answers
  • PDF Version + PC Test Engine + Online Test Engine
  • Value Pack Total: $119.98  $79.99
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CII M05 dumps - Testing Engine

M05 Testing Engine
  • Exam Code: M05
  • Exam Name: Insurance law (IL) Exam
  • Updated: Oct 06, 2026
  • Q & A: 121 Questions and Answers
  • Software Price: $59.99
  • Testing Engine

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CII M05 Exam Syllabus Topics:

SectionObjectives
Topic 1: Law of Contract- Contract formation and operation
  • 1. Breach of contract
  • 2. Offer and acceptance
  • 3. Terms of contract
  • 4. Consideration
Topic 2: Law of Agency and Insurance- Agency relationships
  • 1. Authority of agents
  • 2. Duties and liabilities
  • 3. Creation of agency
Topic 3: Insurance Contract Terms and Vitiating Factors- Policy terms and breaches
  • 1. Warranties
  • 2. Representations
  • 3. Conditions
- Factors affecting validity
  • 1. Non-disclosure
  • 2. Fraud
  • 3. Misrepresentation
Topic 4: Nature and Sources of English Law and Legal Persons- Legal personality
  • 1. Natural persons
  • 2. Juristic persons
- Nature and sources of English law
  • 1. European and international influences
  • 2. Statute law
  • 3. Common law
Topic 5: Subrogation and Contribution- Recovery rights and sharing of losses
  • 1. Contribution
  • 2. Subrogation
Topic 6: Insurance Claims- Claims process and legal principles
  • 1. Claims handling
  • 2. Policyholder duties
  • 3. Claims notification
Topic 7: Indemnity and Loss Measurement- Principle of indemnity
  • 1. Methods of indemnification
  • 2. Valuation of loss
Topic 8: Law of Torts- Principles of tort law
  • 1. Negligence
  • 2. Trespass
  • 3. Nuisance
Topic 9: Formation of Insurance Contracts- Core insurance principles
  • 1. Disclosure and misrepresentation
  • 2. Utmost good faith
  • 3. Insurable interest

CII Insurance law (IL) Sample Questions:

Question #1

Which of the following is an example of a condition precedent in an insurance contract?

  • A. The insurer must provide coverage for accidental damage
  • B. The insured must maintain the insured item in good condition
  • C. The insurer is required to pay claims for theft
  • D. The insured must pay the premium
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

Question #2

John has a whole of life policy and has recently been diagnosed with cancer. When, if at all. must he disclose this to his insurer?

  • A. Immediately, but only if the diagnosis is terminal.
  • B. At the date of the next premium payment.
  • C. He does not need to disclose this.
  • D. Immediately, irrespective of prognosis.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Question #3

Which of the following is NOT an exclusion under a typical homeowners insurance policy?

  • A. Flood damage
  • B. Fire damage caused by lightning
  • C. Theft by a family member
  • D. Earthquake damage
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

Question #4

What is the role of the Financial Ombudsman Service (FOS) in insurance disputes?

  • A. It regulates the pricing of insurance products
  • B. It helps consumers resolve complaints with their insurers
  • C. It issues licenses to insurance companies
  • D. It provides legal advice to insurers
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

Question #5

What principle requires that both the insurer and insured disclose all material facts to each other before and during the contract?

  • A. The principle ofsubrogation
  • B. The principle ofutmost good faith (uberrimae fidei)
  • C. The principle ofcontribution
  • D. The principle ofindemnity
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for ValidTorrent members. You can sign-up / login (it's free).

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